3215 Chicago Avenue S, Minneapolis, MN 55407
- $499,900
- 4
- BD
- 4
- BA
- 2,760
- SqFt
- List Price
- $499,900
- MLS#
- 7096268
- Status
- INSPECTION
- Type
- Multifamily
- Style
- (MF) Apartments
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,760
- Acres
- 0.11
- Neighborhood
- 64
- Year Built
- 1929
Property Description
Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.
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Additional Information
- School District
- Minneapolis
- Amenities Shared
- Coin-op Laundry Owned, Patio
- Tax Year
- 2026
- Fencing
- Chain Link
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks)
- Sewer
- City Sewer/Connected
- Roof
- Flat
- Shared Rooms
- Other
- Heating
- Hot Water
- Water
- City Water/Connected
- Basement
- Partial
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Listing courtesy of Jason Mitchell Group.
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